Skip the noise. Get the download. Fears that AI will upend the much-loved software-as-a-service business model continue to fuel a selloff in the sector. Anthropic and the U.S. Department of War's ...
Software stocks have plunged this year on fears of an AI disruption. Figma is delivering strong growth and has launched a number of AI products. Axon is the dominant player in law enforcement ...
Rutgers answers the Grube home run with a shot of their own. That is Chase Swift's first run allowed this season. The Hokies now trail by two. Virginia Tech cuts the Rutgers lead in half with a ...
A police department in Virginia has cleared several White juveniles of hate crime allegations after a Black Virginia Tech University professor filed a criminal complaint, which was amplified by a ...
ROANOKE, Va. (WDBJ) - Virginia Tech President Timothy Sands outlined plans to expand the university’s medical school in Roanoke and highlighted the institution’s economic impact during his State of ...
Selling software stocks before the crowd paid off for Nick Evans, a Polar Capital fund manager. His warning to potential bargain hunters: most shares are still toxic and few firms will survive. “We ...
Greg Peters, co-chief investment officer for public fixed income at PGIM, joins WSJ’s Take On the Week to discuss the AI financing challenge and why he views long-term debt for data centers as risky.
Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.
The unrelenting selloff in software shares has left tech investors antsy enough that they’re starting to pony up for protection against yet another steep slide. There’s good reason for the concern.
A selloff in software debt has pushed billions of dollars of loans into distressed territory, rapidly repricing a market amid the threat of AI disruption. More than $17.7 billion of US tech company ...
Software stocks sold off dramatically after months of underperformance. The losses stemmed from fresh fears that AI models could upend the industry. Analysts say that while AI does pose a competitive ...
Tech stocks tumbled on Thursday, with software shares hitting a bear market after Microsoft earnings. Microsoft shares plunged 10% after the tech giant reported soft cloud guidance and AI capex growth ...